This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $136k initial cash invested.
0.7%
Cash On Cash
6.92%
Cap Rate
1.11
DSCR
$5,808
Rent
$80
Cashflow
Cash Flow
$5,808 income − $5,728 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$564k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$113k
Closing costs
1%
$5,635
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,808
Total Expenses
$5,728
Mortgage P&I
51%
$2,936
Property Taxes
11%
$618
Home Insurance
3%
$200
HOA
0%
$0
Property Management
12%
$697
CapEx
4%
$232
Vacancy
3%
$174
Maintenance
4%
$232
Other
11%
$639